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Islamic Finance Briefing - Categorized | Banking, Performance more

Doha Bank profit beats estimates in second quarter

Posted on 22 July 2010

From Gulfnews.com: Doha Bank QSC, Qatar’s third-biggest bank by revenue, posted a less-than-expected drop in second-quarter profit after the country’s sovereign wealth fund declined to take dividends.
Net income fell 5.4 per cent to 299.7 million riyals ($82.4 million), from 316.7 million riyals a year earlier, the bank said in a financial statement posted on the Qatar Exchange website yesterday……………………………………….Full Article: Source

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